SSC GD 2019 PYQ — Question 51

SSC GD Constable (English) - 6 March 2019 Shift 1 • Quantitative Aptitude • Q51

Ram buys articles at 70 for Rs. 890 and sold at 60 for Rs. 890. What is his gain percent?

Show answer & explanation

Correct answer: D

Explanation

The correct answer is option 4 i.e. 162316\frac{2}{3}%.

Ram buys articles at 70 for Rs 890, 

⇒ CP of 1 article = 890/70

Ram sold 60 articles at Rs 890,

⇒ SP of 1 article = 890/60 

Profit = (890/60) - (890/70) = 89/42

Profit % = (Profit/CP) × 100

⇒ Profit % = {(89/42) / (890/70)} × 100

⇒ Profit % = 100/6 % = 162316\frac{2}{3}%